This beautiful duplex is located in the heart of Cambridge and features two separate units...each with its own hydro meter, making it ideal for investors, multi-generational families, or buyers seeking flexible options. Owning a home of this nature, you have freedom to set your own rents, move into one unit while renting out the other, or fully lease the property for maximum income potential. This is an Investors dream, the City of Cambridge recently implemented a zoning overhaul allowing this property to accommodate up to a total of 4 units. Whether you're looking for a strong investment or a smart way to balance homeownership with income generation, this welcoming home delivers on every front.
The second owner has lovingly maintained this smoke-free and pet-free home for the past 23 years. Both living areas...main level and upper level, are self-contained with separate entrances and has their own living-room, kitchen, bathroom and 2 bedrooms. The partially finished, full basement has laundry facilities and plenty of storage space. Additionally for energy savings, a Nest thermostat is provided. Situated on a premium wide lot on a quiet, low-traffic, no-through Avenue, the property also features a mature treed yard, sunny patio, private outdoor space (partially fenced-in), and a long paved driveway accommodating multiple vehicles. Conveniently located directly across from Cambridge Memorial Hospital and just minutes to downtown Cambridge, Highway 401, public transit, shopping, restaurants, schools, and parks. This property offers an exceptional combination of comfort, location, and everyday practicality. This is a unique opportunity to own Income potential property, that possesses a 57 ft frontage! DON'T MISS OUT VIEWING THIS HOME!
Property Type:
Residential Income
Property SubType:
Duplex Up/Down
Listing General Location:
30 - Elgin Park/Coronation, 13 - Galt North
Bedrooms:
4
Bathrooms:
2.0
(Full:-/Half:-)
Lot Details:
57 x 120
Lot Depth:
120'36.6 m
Lot Frontage:
57'17.4 m
Kitchens:
0
County Or Parish:
Waterloo
Features:
Crops Included: No, Garage: No, New Construction: No
Construction:
Brick, Vinyl Siding
Basement:
Separate Entrance, Full, Partially Finished
Roof:
Asphalt Shing
Number of Storeys:
2
Number of Buildings:
0
Total Floor Area:
1,488 sq. ft.138 m2
Finished Area Above Grade:
1,488 sq. ft.138 m2
Fireplace:
false
Laundry Features:
Other
Water Supply:
Municipal
Sewer:
Sewer (Municipal)
Cooling:
Other
Heating:
Forced Air, Natural Gas
Smoke Detector
Dryer, Refrigerator, Stove, Washer
Accessory Apartment, Separate Hydro Meters, Upgraded Insulation
false
No
No
Smoke Detector
HST Applicable To Sale Price:
Included
Features:
Crops Included: No, Garage: No, New Construction: No
Zoning:
R-2
Lot Site Features:
Airport, Business Centre, City Lot, Near Golf Course, Greenbelt, Hospital, Library, Park, Place of Worship, Public Transit, Quiet Area, Rec./Community Centre, Regional Mall, Schools, Shopping Nearby, Trails
Features:
Crops Included: No, Garage: No, New Construction: No